India Must Reinvest in Civilisational Values for Prosperity: Bangur

23 Dec 2025 CW Team

A major highlight of the inaugural session was the address by Hari Mohan Bangur, Chairman, Shree Cement Ltd, who underscored India’s inherent strengths in talent, resources and technology, asserting that the country need not look beyond its own civilisation for inspiration. On the occasion, Bangur also presented a letter of intent to invest ₹2,000 crore in Maharashtra to Devendra Fadnavis.

Emphasising the ethical roots of Indian economic thinking, Bangur said that in Indian culture, dharma guides artha, and profitability must be aligned with responsibility. “We must get out of the Macaulayan education system and reinvest in our old values. For centuries India alone accounted for nearly 30 per cent of the world economy. But something negative happened with the coming of Europeans who successfully looted the country. A Hindu Economic Forum was necessary and it has been created and is working fine. The Forum may take a year or 10 years, but it will surely be successful,” he said.

Sharing Shree Cement’s experience in innovation, Bangur highlighted advances in energy efficiency that enabled power plants to operate at lower capacity utilisation, reducing coal consumption. “We should unshackle ourselves and bring innovation in our thinking and in our education,” he added.

Addressing the gathering, Devendra Fadnavis described WHEF as an important platform for dialogue and collaboration, noting that a deeper understanding of India’s philosophical foundations could help build a prosperous and harmonious society. Meanwhile, Mohan Yadav highlighted India’s rising global standing and Madhya Pradesh’s role in driving growth across sectors including mining, energy and tourism.

The World Hindu Economic Forum (WHEF) 2025 was inaugurated in Mumbai, marking the start of a two-day conference themed Innovation, Self Reliance and Prosperity. The opening ceremony was led by Devendra Fadnavis, Chief Minister, Maharashtra, and attended by Mohan Yadav, Chief Minister, Madhya Pradesh, along with Swami Vigyananand, Founder, WHEF, Rajesh Sharma, Chairman, WHEF Organising Committee, senior policymakers and leading industrialists.A major highlight of the inaugural session was the address by Hari Mohan Bangur, Chairman, Shree Cement Ltd, who underscored India’s inherent strengths in talent, resources and technology, asserting that the country need not look beyond its own civilisation for inspiration. On the occasion, Bangur also presented a letter of intent to invest ₹2,000 crore in Maharashtra to Devendra Fadnavis.Emphasising the ethical roots of Indian economic thinking, Bangur said that in Indian culture, dharma guides artha, and profitability must be aligned with responsibility. “We must get out of the Macaulayan education system and reinvest in our old values. For centuries India alone accounted for nearly 30 per cent of the world economy. But something negative happened with the coming of Europeans who successfully looted the country. A Hindu Economic Forum was necessary and it has been created and is working fine. The Forum may take a year or 10 years, but it will surely be successful,” he said.Sharing Shree Cement’s experience in innovation, Bangur highlighted advances in energy efficiency that enabled power plants to operate at lower capacity utilisation, reducing coal consumption. “We should unshackle ourselves and bring innovation in our thinking and in our education,” he added.Addressing the gathering, Devendra Fadnavis described WHEF as an important platform for dialogue and collaboration, noting that a deeper understanding of India’s philosophical foundations could help build a prosperous and harmonious society. Meanwhile, Mohan Yadav highlighted India’s rising global standing and Madhya Pradesh’s role in driving growth across sectors including mining, energy and tourism.

Real Estate

20 Feb 2026

Supreme Court Clears NBCC to Complete 16 Stalled Supertech Projects

In a significant relief to thousands of homebuyers, the Supreme Court of India has upheld the order of the National Company Law Appellate Tribunal (NCLAT) directing NBCC to complete 16 stalled residential projects of debt-ridden Supertech Ltd.The apex court, in its final order delivered on February 5, 2026, restrained all courts and tribunals from passing any directions that could stall or obstruct the execution of the NBCC-led completion plan. The decision impacts nearly 51,000 homebuyers who have been awaiting possession of their flats for over a decade.Years of delaySupertech launched and p..

Infrastructure Urban

20 Feb 2026

Telecom Underpins India's AI Revolution, MoS Says

At the India AI Impact Summit, the Minister of State for Communications and Rural Development said that telecom infrastructure constitutes the foundational layer of the country's artificial intelligence ecosystem and described connectivity as a form of sovereignty. He argued that inclusive digital connectivity is central to India's technological leadership and the empowerment of citizens. The address framed telecom as essential not merely for communication but for enabling AI-driven opportunities across sectors. He noted that broadband subscribers rose from 60 million (60 mn) in 2014 to one bi..

Infrastructure Urban

20 Feb 2026

India and Ireland Deepen Digital and Telecom Cooperation

India and Ireland held a bilateral meeting in New Delhi in which the Union Minister for Communications, Jyotiraditya Scindia, led the Indian delegation and Jack Chambers led the Irish delegation. The meeting at Sanchar Bhawan sought to deepen cooperation in telecommunications, digital infrastructure, emerging technologies and regulatory collaboration. Senior officials from the Department of Telecommunications and Ireland's Commission for Communications Regulation attended to chart a roadmap for future networks. Both sides noted complementarities between India's scale and rapid deployment capab..